An
association of
business-type people who come together to buy and sell
stocks,
bonds and other
securities. The
New York Stock Exchange, or
NYSE, is currently the trendsetter for the world's market but
Tokyo and other
asian markets are increasingly watched as the
global economy continues to knit itself together.
The SEC (Securities Exchange Commission) watches over all security transactions in the Unites States to prevent insider trading and fraud. See the film Wall Street for a dated and melodramatic portrayal of the yuppie lifestyle that Ronald Reagan gave birth to while spending your lunch money to defeat the commies. Then check out Boiling Point to watch Giovanni Ribisi sit around and worry. Now, return those two lemons and get Glengarry Glen Ross -- that's a pretty good movie.
Since Reagan's cold war economy flowered into "eight years of peace and prosperity" the stock market has increasingly been the playground of the upper-middle class -- a dot coma spiked with Microsoft and Yahoo!.
We're just starting to come down now...
What year is it??